Results 11 to 20 of about 11,717,311 (302)
Measuring real exchange rate misalignment in Croatia: cointegration approach
Croatian Operational Research Review, 2014 The purpose of the paper is to analyze misalignment of the real exchange rate in Croatia. The misalignment analysis is conducted using the permanent equilibrium exchange rate approach.
Irena Palić +2 more
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Real Exchange Rate Misalignment and Economic Fundamentals in Korea
East Asian Economic ReviewThis study analyzes the response of economic fundamentals to a misalignment shock of the real effective exchange rate in Korea. The estimation results of the equilibrium exchange rate determination model and time series model show that there is no ...
Keun Yeong Lee
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Real exchange rate misalignments [PDF]
International Review of Economics & Finance, 2010 Abstract This paper investigates episodes of real exchange rate appreciations and depreciations for a sample of 85 countries from 1960 to 1998. A Markov Switching Model is used to characterize real exchange rate misalignment series as stochastic autoregressive processes governed by two states corresponding to different means and variances.
Terra, Maria Cristina T. +1 more
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Real Exchange Rate Misalignments in the Euro Area [PDF]
Open Economies Review, 2017 Building upon a Behavioural Equilibrium Exchange Rate (BEER) model, estimated at a quarterly frequency since 1999 on a broad sample of 57 countries, this paper assesses whether both the size and the persistence of real effective exchange rate misalignments from the levels implied by economic fundamentals are affected by the adoption of a single ...
Michael Fidora +2 more
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Determinants of the Real Equilibrium Exchange Rate in Albania: An Estimation Based on the Co-integration Approach [PDF]
ACRN Journal of Finance and Risk Perspectives, 2019 Problem/Relevance: Investigation of exchange rate behaviour has been an important topic in international monetary economics because of the impact of exchange rates on economies. One strand of the literature has focused on explaining the observed movement
Natasha Ahmetaj, Merita Bejtja
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Real Exchange Rate Misalignment: Prelude to Crisis? [PDF]
Economic Systems, 2006 A model of the long run equilibrium real exchange rate based upon macroeconomic fundamentals is employed to calculate real exchange rate misalignments for Poland and Russia during the 1990s using the Beveridge and Nelson (1981) decomposition of macrofundamentals into transitory and permanent components. Short run movements of the real exchange rate are
David M. Kemme, Saktinil Roy
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Real Exchange Rate Misalignments in Tanzania
European Journal of Business and Management Research, 2022 The study uses a real exchange rate equilibrium (REER) technique to examine real exchange rate misalignments in Tanzania, through the cointegration technique. The empirical findings reveal that the real exchange rate misalignment has decreased significantly over recent years, and the real effective exchange rate has been evolving close to the long-term
Deogratius Kimolo +2 more
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Real Exchange Rate Misalignment in Azerbaijan [PDF]
SSRN Electronic Journal, 2009 By using quarterly data from 2001-2007 and applying various approaches, we estimate real equilibrium exchange rate misalignment for Azerbaijani Manat (AZN) and find that AZN is slightly overvalued. Purchasing power parity approach does not explain the equilibrium exchange rate.
Hasanov, Fakhri, Huseynov, Fariz
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Nexus between real effective exchange rate misalignment and rubber export in Nigeria
Economic Journal of Emerging Markets, 2021 Purpose - This study examines the nexus between the real effective exchange rate misalignment (REERM) and rubber exports in Nigeria. The effects of equilibrium real exchange rate (ERER) and some economic fundamentals on rubber exports are also ...
Ridwan Mukaila
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Real effective exchange rate misalignment and currency crisis in Iran
Future Business Journal, 2023 This study aimed to examine real effective exchange rate (REER) misalignment in Iran and its relation to the currency crisis. The behavioral equilibrium exchange rate was employed to calculate the equilibrium exchange rate (EER), and misalignment was ...
Mohammad Hassanzadeh, Shahla Mousavi
doaj +1 more source